, together with
its subsidiaries , unless the context indicates otherwise., Joyent, a provider of
web-based team collaboration software , has launched a hosted version of its
software platform.

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The Notes, which are structurally subordinated to all debt and other
liabilities of the subsidiaries of NTK Holdings, including Nortek Holdings and
its subsidiary Nortek, Inc.

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Bready, Chairman and CEO or Edward J. Cooney, Vice
President and Treasurer, of Nortek, Inc."
Customers can combine the Joyent software suite with Joyent's TextDrive
hosting and Strongspace data back-up for a complete online infrastructure.

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For further information , please refer to the reports and filings of
Nortek with the Securities and Exchange Commission.

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, NTK Holdings, Inc.

Joyent Launches Web Based Collaboration Platform

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*As used herein, the term "Nortek" refers to Nortek, Inc.

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("NTK
Holdings"), the parent company of Nortek Holdings, Inc . ("Nortek"), are expected to be issued and sold in
a private Rule 144A offering to institutional investors.

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Nortek undertakes no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events, or
otherwise. Enables Teams to Easily Communicate and Share Information Using the Joyent
Platform's Web Mail, Calendars, Contacts, and Files

SAN ANSELMO, Calif.
"Joyent focuses on removing unnecessary complexity from technology so
teams spend their valuable time achieving their goals, not wasting it
wrestling with their computers," says Joyent CEO David Young. "We have
focused our development effort integrating modern organizational and
notification technologies, such as tagging and RSS feeds, into a platform that
is intuitive, consistent, and easy to use.

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("Nortek Holdings"),
today announced plans to conduct an offering of Senior Discount Notes due 2014
(the "Notes"), expected to generate gross proceeds of approximately $250
million.

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The net proceeds of the offering will be used to pay a dividend to the
equity holders of NTK Holdings and to make a distribution to participants in
the deferred compensation plan of Nortek Holdings, including members of
management.
"We continue to add integrated applications to the Joyent platform framework
to offer teams a complete, customizable solution for their infrastructure
needs," said Young. Joyent TextDrive hosting is available
in shared, business class, and dedicated server versions.

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This term is used
for convenience only and is not intended as a precise description of any of
the separate corporations, each of which manages its own affairs ., 401-751-1600

Three monthly service plans are available: $15 for four users and 5
GB of storage; $50 for 10 users and 25 GB of storage; and $100 for 25 users
and 100 GB of storage.com / for detailed service
descriptions and sign up details.
The Joyent Connector software is available as a hosted service and as an
Accelerator appliance.

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Proposed Offering of Senior Discount Notes

I.
The offering of the Notes will not be registered under the Securities Act
of 1933, as amended , and may not be offered or sold in the United States
absent such registration or an exemption from the registration requirements of
such Act.
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995.
Focusing on user interface and simplicity, Joyent uses innovative web
technologies and existing open source software components to deliver a Team
Computer platform.

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joyent.

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Nortek* (a wholly owned subsidiary of Nortek Holdings , which is a wholly
owned subsidiary of NTK Holdings) is a leading international manufacturer and
distributor of high-quality, competitively priced building, remodeling and
indoor environmental control products for the residential and commercial
markets.

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Important factors impacting such forward -looking
statements include the availability and cost of raw materials and purchased
components , the level of construction and remodeling activity, changes in
general economic conditions, the rate of sales growth, and product liability
claims.

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CONTACT: Richard L. In November 2005, Joyent purchased TextDrive, a hosting
and infrastructure provider with a focus on quality, performance , security,
and 100% availability.

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PROVIDENCE, R.

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Its products include: range hoods
and other spot ventilation products; heating and air conditioning systems;
indoor air quality systems; and specialty electronic products. Visit http://www. The Joyent Strongspace secure online data back-up
service is available in several sizes.

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Nortek offers a broad array of products for improving the
environments where people live and work. These statements are
based on Nortek's current plans and expectations and involve risks and
uncertainties that could cause actual future activities and results of
operations to be materially different from those set forth in the forward-
looking statements.

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ABOUT JOYENT: Joyent developed the "Team Computer" concept in 2004.

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Using only a web browser, teams access the Joyent online
software platform to organize and share team files , calendars, contacts, and
emails.

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